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Freddie Mac/Homesteps Listings Only!
The Following People are NOT Eligible to Purchase a Freddie Mac owned Home:
HomeSteps Suppliers, Listing Agents, their Employees, and/or Immediate Family Members.
Homesteps or Freddie Mac Employees or members of his/her immediate family or household.
No Offers can be Presented until the Asset has been Listed on MLS for at least 48 Hours!
The Seller will NOT Agree to the Following:
1. The Offer is Contingent on the Sale of Another Property
2. Buyer wants to Occupy or Store Personal Items Before Closing
3. Buyer wants to perform Repairs or Improvements to the home before Closing
4. Buyers wants to receive Credit at Closing for Repairs not completed by the Seller
5. Seller's Funds to be Escrowed Post Closing.
Does the Seller have any Inspection Reports to Disclose?
No, we do not have Home Inspection Reports or house plans.
Some homes do have a Termite Report....not all.
To see the termite report on a specific home, please request this report by email and I will then email it to you.
Kerri@tpsnc.com
All Offers are submitted by the Listing Agent.
How to Present an Offer~Fax or Email Offer to Listing Agent…Fax 336-373-1811 or Kerri@tpsnc.com
1. NC Standard Offer to Purchase ~ Freddie Mac/Homesteps is the Seller (Owner of Record will not suffice)
2. Qualification Letter ~ Or Proof of Funds if a cash offer
3. Please indicate whether your client is an Owner Occupied Buyer or an Investor?
After the Offer is Presented:
The Sellers Sales Specialist may Accept, Counter or Reject.
Should the Seller's Sales Specialist Accept an Offer, this Offer may have to be Approved by Management or by the
Mortgage Insurance Company. If so, this can take up to 5 days for Final Approval.
Once Approved, three Addendum will be emailed to you.
ADDENDUMS:
There are three Addendum that will become part of the OTP.
1. A Commission Addendum, which you and I will sign.
2. An Addendum for Disclosures on the Termite Report.
3. The largest Addendum is the As Is Addendum and it may be reviewed here.
The Offer in its Entirety ~ Only One Copy is Needed
1. The Offer to Purchase
2. The Certified EM check is payable to The Property Source (Cash and Personal Checks are not accepted)
3. As Is Addendum
4. Termite Addendum
5. Commission Addendum
6. Lead Based Paint if the property was built prior to 1978
(These Properties are Exempt from the NC Disclosure. Please have the appropriate box marked on the OTP)
The Offer in its Entirety needs to be presented to my Office within 72 Hours of receiving the Addendum, or the Verbally
Accepted Offer may become Null and Void.
The Following People are NOT Eligible to Purchase a Freddie Mac owned Home:
HomeSteps Suppliers, Listing Agents, their Employees, and/or Immediate Family Members.
Homesteps or Freddie Mac Employees or members of his/her immediate family or household.
No Offers can be Presented until the Asset has been Listed on MLS for at least 48 Hours!
The Seller will NOT Agree to the Following:
1. The Offer is Contingent on the Sale of Another Property
2. Buyer wants to Occupy or Store Personal Items Before Closing
3. Buyer wants to perform Repairs or Improvements to the home before Closing
4. Buyers wants to receive Credit at Closing for Repairs not completed by the Seller
5. Seller's Funds to be Escrowed Post Closing.
Does the Seller have any Inspection Reports to Disclose?
No, we do not have Home Inspection Reports or house plans.
Some homes do have a Termite Report....not all.
To see the termite report on a specific home, please request this report by email and I will then email it to you.
Kerri@tpsnc.com
All Offers are submitted by the Listing Agent.
How to Present an Offer~Fax or Email Offer to Listing Agent…Fax 336-373-1811 or Kerri@tpsnc.com
1. NC Standard Offer to Purchase ~ Freddie Mac/Homesteps is the Seller (Owner of Record will not suffice)
2. Qualification Letter ~ Or Proof of Funds if a cash offer
3. Please indicate whether your client is an Owner Occupied Buyer or an Investor?
After the Offer is Presented:
The Sellers Sales Specialist may Accept, Counter or Reject.
Should the Seller's Sales Specialist Accept an Offer, this Offer may have to be Approved by Management or by the
Mortgage Insurance Company. If so, this can take up to 5 days for Final Approval.
Once Approved, three Addendum will be emailed to you.
ADDENDUMS:
There are three Addendum that will become part of the OTP.
1. A Commission Addendum, which you and I will sign.
2. An Addendum for Disclosures on the Termite Report.
3. The largest Addendum is the As Is Addendum and it may be reviewed here.
The Offer in its Entirety ~ Only One Copy is Needed
1. The Offer to Purchase
2. The Certified EM check is payable to The Property Source (Cash and Personal Checks are not accepted)
3. As Is Addendum
4. Termite Addendum
5. Commission Addendum
6. Lead Based Paint if the property was built prior to 1978
(These Properties are Exempt from the NC Disclosure. Please have the appropriate box marked on the OTP)
The Offer in its Entirety needs to be presented to my Office within 72 Hours of receiving the Addendum, or the Verbally
Accepted Offer may become Null and Void.
| Please Visit www.homesteps.com for any Buyer Incentives! |
| Brochure for Home Warranty! |
| Seller is Offering a 2 Year Home Warranty at a value of $1100 Buyers may ask up to 3.5% in Closing Costs Any Higher Amounts of Closing Costs will be Rejected or Countered. Please complete Section 10 and 11 of the NC OTP should your client want the Home Warranty or Closing Costs. The Home Warranty is for Owner Occupied Only! |